pretty sure floridakeys was arguing against the dividend being in danger. pretty funny jumping on him for whatever type-o's he may have made when you couldn't even understand what he was trying to say.
the payout ratio with the drip is really no longer a relevant metric as now all the shares that were enrolled in the drip held by pbg will be distributed to the public. still, though, I dont think the dividend is in danger either. however I still think the pressure on the stock will persist until the hangover from the new pbg shareholders fades away.